المصري اليوم
المصري اليوم
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A study by the Justice Party reveals that the living cost for a typical Egyptian family of four is approximately 31,784 Egyptian pounds per month in 2026 to cover basic needs, with a daily expenditure nearing 1,059 pounds. The study focuses on measuring the financial burden and shows that food accounts for the largest share of spending at 23.3%, followed by housing and education. It indicates that the cost of living ranges from about 23,100 pounds in the lowest scenario to 43,200 pounds in the highest scenario, highlighting a significant gap between the cost of the living basket and average wages. Specifically, the minimum wage covers only 25.2% of living expenses in the reference scenario. The research confirms that while price increases are significant, their impact depends heavily on the relationship between wage growth and the cost of basic needs, which are rising faster than income levels. This trend threatens the ability to maintain a standard of living consistent with the middle class.
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